The Board of Directors of VEDANTA Ltd (VEDL) held its meeting on December 11, 2021. It has declared 2nd Interim Dividend of Rs 13.5 per equity share for the financial year 2021-22.
VEDANTA Ltd Q2FY22 Result
The company reported a manifold jump in consolidated net profit to ₹4,615 crore for the September 2021 quarter. Earlier in 2020, Vedanta posted a consolidated net profit of ₹838 crore. The metal giant’s consolidated income during July-September 2021 period increased to ₹31,074 crore, compared with ₹21,758 crore in the year-ago period.
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VEDANTA Ltd Dividend Record Date
The company in its letter has informed the exchanges that it has fixed 18 December 2021 as the Record date. Payment of dividend will be made to those shareholders whose names appear as Beneficial Owners as at the close of business hours on Saturday, 18 December 2021.
Moreover, to receive dividend, you must have shares in your demat account on record date. Hence, you should buy shares before ex-dividend date. Note – If you buy shares on ex-dividend date, you will not be eligible to receive dividend. Bookmark our website for latest and upcoming dividend announced by companies in 2021.
Above all, here is the copy of statement, the company has sent to the exchanges:
We wish to inform you that the Board of Directors of the Company through resolution passed by circulation on Saturday, December 11, 2021 have approved Second Interim Dividend of ₹ 13.50 per equity share i.e. 1350% on face value of Re. 1/- per share for the Financial Year 2021-22.
Important Dates
- Company – VEDANTA Ltd
- Script Name – VEDL (NSE) and 500295 (BSE)
- Dividend Amount – 13.5 Rs Per Share
- Dividend Type – 2nd Interim
- Ex-Dividend Date – 16 December 2021
- Record Date – 18 December 2021
- Payment Date – 10 January 2021
Also, you can find more information about VEDANTA Ltd on National Stock Exchange and Moneycontrol – Vedanta Limited is one of the world’s leading Oil & Gas and Metals company with significant operations in Oil & Gas, Zinc, Lead, Silver, Copper, Iron Ore, Steel, and Aluminium & Power across India, South Africa and Namibia.
